BREAKING NEWS

BREAKING NEWS

Business

Chemical sets 3Q dividend

WARREN — Chemical Financial Corp., parent of Chemical Bank, declared a third quarter cash dividend on its common stock of 28 cents per share, payable Sept. 15 to shareholders of record on Sept. 1. This represents a 3.7 percent per share increase from the previous quarter’s 27 cents ...

Fin Feather Fur Outfitters sells company to employees

BOARDMAN — The owner of Fin Feather Fur Outfitters has sold the business to its employees. The move was made through an Employee Stock Ownership Plan, or ESOP, which involves selling 100 percent of the company, via shares of stock, to employees as part of their retirement benefits. Mike ...

Trumbull home sales up, Mahoning down

WARREN — Home sales in Trumbull County increased 7.5 percent last month compared to June 2016. There were 215 closed sales in the county in June, up from 200 the same month the prior year, according to the Warren Area Board of Realtors. Year over year, pending sales rose 24 percent, from ...

Arconic reports revenue increase

WEATHERSFIELD — Arconic Inc. reported a slight increase for its second quarter of the year over the same period in 2016. The New York-based company, which has a plant in Weathersfield, on Monday reported revenue of $3.3 billion, up 1 percent year over year, for the quarter that ended June ...

No change in area bank stocks

Local bank stocks started the new week on Monday where they left off last Friday. First Niles Financial stood pat to close at $10.10 per share, while Cortland Bancorp again closed at $17.86 per share.

Business briefs

• NANOLOGIX RECEIVES MEXICAN PATENT: Hubbard-based NanoLogix has received notification of grant from the Mexico Patent Office for its unique and exclusively licensed petri plate plate packaging system known as the FlatPack. The FlatPack, a method of vacuum-packing of petri plates, enables ...

Area bank stocks remain stagnant

Local bank stocks remained unchanged for the fourth straight day Thursday, with First Niles Financial closing at $10.10 a share and Cortland Bancorp closing at $17.86 a share.

Area stocks unchanged for third day

For the third day in a row, local bank stocks remained unchanged in trading Wednesday, with First Niles Financial closing at $10.10 a share and Cortland Bancorp closing at $17.86 a share.

Area stocks stagnant for second day in row

For the second day in a row, local bank stocks remained unchanged in trading Tuesday, with First Niles Financial closing at $10.10 per share and Cortland Bancorp closing at $17.86 per share.

Area stocks stay flat

First Niles Financial and Cortland Bancorp closed trading on Monday the same as they did on Friday, with no change. First Niles Financial finished at $10.10 a share and Cortland Bancorp, $17.86 a share.

Business briefs

NORTHWOOD RECOGNIZES TOP LISTERS: Northwood Realty Services has announced its June 2017 sales and listing leaders. In the Howland office they are: Jaimie Keene, listing volume leader; Jody Sova, listing unit leader; and Andrea Hovance, selling volume and selling unit leader. In the Boardman, ...

Taking look at Ohio’s aspiring marijuana growers

By DAKE KANG The Associated Press CLEVELAND — Long-time natives and carpetbaggers. Construction magnates, toy tycoons, an Olympian and an heir to the Jim Bean whiskey fortune. These are some of investors vying to win approval to grow medical marijuana in Ohio. The state accepted 185 ...

Construction material is unloaded at the Anderson-DuBose expansion site.
by R. Michael Semple

Local distributor supersizes for McDonald’s products

LORDSTOWN — An initial glance in the direction of the Anderson-DuBose facility along state Route 45 likely won’t rouse visions of Big Macs, Chicken McNuggets or Egg McMuffins. Even so, the local company in recent years has been establishing its identity as a leading distributor for the ...

Local Wal-Mart stores to end price matching

WARREN — Wal-Mart has announced plans to end its price match program at some locations, including those in Trumbull and Mahoning counties. Charles Crowson, senior manager of Wal-Mart’s corporate communications, said the move will impact the stores in Bazetta, Liberty, Austintown and ...

‘Office Spaces’ to feature Simon Roofing in Boardman

BOARDMAN — Simon Roofing will be featured on the 5 p.m. Sunday episode of “Office Spaces” airing on Fox Business. The segment selected for the show’s third season was shot by production company BrandStar at Simon’s Boardman headquarters and Struthers manufacturing facility. The ...

Chemical Bank donates $10,000 to TNP

Tribune Chronicle WARREN — Chemical Bank has donated $10,000 to Trumbull Neighborhood Partnership to support the “Building A Better Warren” jobs program. The effort employs local residents through neighborhood revitalization plans and blight remediation efforts. “We at Chemical ...

Local financial stocks mixed

Local bank stocks were mixed after Thursday’s trading and more than a week of remaining flat. Cortland Bancorp stood pat to again close at $17.86 per share, but First Niles Financial gained 10 cents to close at $10.10 a share.

Sales of new autos up in June

WARREN — Sales of new and used vehicles rose in June compared to the same month last year. In June, 5,300 new and used vehicles were sold in Trumbull, Mahoning and Columbiana counties, according to data from the Greater Cleveland Automobile Dealers Association. That compares to 4,669 in ...

Local financial stocks stand

Local bank stocks stood pat after Wednesday’s trading, remaining the same since the end of last week. Cortland Bancorp again closed at $17.86 per share, while First Niles Financial stayed at $10 a share.